Comments

Am I the only one that thinks those treasury curve graphs are inconclusive? It took 3 years last time for it to go under its "critical red flag doom fear" line and rise back above it for the "recession" to start. Are we officially starting the 3 year countdown to recession here on zerohedge or is this lazy journalism?

EXACTLY!!! I've been hammering on this very issue for 10 years.you cannot draw any sane metric evaluations, after the printing started and has never stopped.Stop all of the useless chart comparitives. they are totally fucking meaningless.

Not necessarily.Although the quantative stuff is all to pot, there may still be some qualitative indicators which remain valid. It's extremely hard, if not impossible, to work out which those are from first principles.So, I am paying attention to any indicators which either reach a turning point or switches positive/negative. I then assess that indicator's data, and compare with my real world experience for the implications.I have not found one yet.

FED RESERVE FUCKERS DID IT AGAIN! multiple offers on housing,OVERBOUGHT EVERYTHING! i see it clear these FED RESERVE FUCKERS CREATED THIS BUBBLE ALL OVER AGAIN! i will be so happy this time when banks fold to broke! NO MORE FUCKING BAILOUTS FOR THEM!

Including the end of 2004, surely that should be:"Two of the last three times..."Or to focus on the 2005-7 period explicitly:"The last time the 5s30s & 2s10s went down through 90 & 77 bps from above, there was a 3 year boom."